Park Ridge, IL Real Estate Market Summary – September 7, 2026
In Park Ridge, IL, 41 homes were sold in the last 30 days, indicating a pace of approximately 1.37 homes per day. The average living area of sold homes was about 2,192 square feet, with a median living area of 1,686 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 41 |
| Sold Per Day | 1.37 |
| Average SQFT | 2192 |
| Median Sales Price | $705,000 |
| Average Sales Price | $747,390 |
| Average Price Per SQFT | $365 |
| Average Days on Market | 15 |
| Average Year Built | 1962 |
Park Ridge, IL Single Family Home Analysis
In the single-family market, 30 homes were sold, with an average living area of 2,467 square feet and a median living area of 2,342 square feet. The average sale price for these homes was around $876,983, while the median price stood at $824,500.
| Metric | 30 Days |
|---|---|
| Number Sold | 30 |
| Sold Per Day | 1.00 |
| Average SQFT | 2467 |
| Median Sales Price | $824,500 |
| Average Sales Price | $876,983 |
| Average Price Per SQFT | $397 |
| Average Days on Market | 14 |
| Average Year Built | 1957 |
Park Ridge, IL Condo & Townhome Analysis
The condo and townhome segment saw 10 homes sold, with an average living area of 1,396 square feet and a median living area of 1,350 square feet. The average sale price was approximately $387,850, and the median sale price was $325,750.
| Metric | 30 Days |
|---|---|
| Number Sold | 10 |
| Sold Per Day | 1 every 3.00 days |
| Average SQFT | 1396 |
| Median Sales Price | $325,750 |
| Average Sales Price | $387,850 |
| Average Price Per SQFT | $271 |
| Average Days on Market | 21 |
| Average Year Built | 1977 |
Buyer & Seller Analysis
- 41 homes sold in the last 30 days
- Single-family homes averaged 14 days on market
- Condos and townhomes had about 21 days on market
- Average sale price for all homes was $747,390
- Data represents closed transactions and does not disclose sale prices.
Conclusion
The Park Ridge real estate market shows a consistent pace of sales across different segments. Buyers and sellers can expect varied living spaces and prices depending on the property type.